coordinated wage bargaining systems have a dampening impact on inflation volatility …

beliefs, generating positive price-quantity comovement. The feedback of beliefs into prices can be so strong that even …

This study looks at real estate price booms and busts in industrialised countries. It identifies major and persistent …

We analyse the adjustment of retail and services prices in a period of low inflation, using a set of individual price … data from the German Consumer Price Index that covers the years 1998 to 2003. We strong find evidence of time- and state …-dependent price adjustment. Most importantly, the differences in quot;unconditionalquot; sectoral price flexibility are found to be …

This paper shows that inflation in industrialized countries is largely a global phenomenon. First, inflations of (22 … associated to Global Inflation is not only due to the trend components of inflation (up from 1960 to 1980 and down thereafter …) but also to fluctuations at business cycle frequencies. Second, Global Inflation is, consistently with standard models of …

coordinated wage bargaining systems have a dampening impact on inflation volatility. …

This paper studies how disasters affect consumer price inflation, one of the main remaining gaps in our understanding … type of disasters, particularly when considering inflation sub-indices. Storms increase food price inflation in the near … term, although the effect dissipates within a year. Floods also typically have a short-run impact on inflation. Earthquakes …

This paper shows that inflation in industrialized countries is largely a global phenomenon. First, the inflation rates … variance share that is associated with Global Inflation is not only due to the trend components of inflation (up from 1960 to …. The co-movement of inflation comes largely from common shocks. Global Inflation is a function of real developments at …